ChainCatcher news, according to lawyer Liu Honglin, the Hainan Local Market Supervision and Administration Bureau and other departments recently issued a notice requiring companies operating NFT digital collection business within their jurisdiction to submit business qualifications within a limited time, otherwise "the relevant responsibilities will be borne by the company."
Relevant enterprises need to possess 9 qualifications including a trading market opening license. If you do not have the above qualifications and carry out business without authorization and are suspected of violating laws and regulations, the relevant industry authorities will impose administrative penalties. If a crime is constituted, criminal liability will be pursued in accordance with the law.
Relevant enterprises need to possess 9 qualifications including a trading market opening license. If you do not have the above qualifications and carry out business without authorization and are suspected of violating laws and regulations, the relevant industry authorities will impose administrative penalties. If a crime is constituted, criminal liability will be pursued in accordance with the law.